LETRS Unit 6 Assessment

LETRS Unit 6 Assessment Questions and Answers (2024 / 2025) (Verified Answers) Alfred Weber's least cost theory explained location of industries of terms of the three factors of: A. deglomeration, labor, locational interdependance B. locational interdependance, variable revenue analysis, transportation C. raw materials, transportation, agglomeration D. situation factors, site factors, locational interdependence E. transportation, labor, agglomeration - transportation, labor, agglomeration A country that experiences a process called compressed modernity is most likely to be a: A. More developed country B. Democratic country C. Newly industrializing country D. Dictatorship E. Less developed country - Newly industrializing country The main goal of NAFTA has been to: A. More closely integrate the economies of Mexico, Canada, and the US B. Increase tariffs and trade restrictions between Mexico, Canada, and the US C. Make safety regulations for trade more uniform across North America D. Strengthen the competitiveness of the Mexican economy E. Restrict immigration across international borders in North America - More closely integrate the economies of Mexico, Canada, and the US Which of the following types of government would most likely to be guided by dependance theory in setting public policy? A. A Conservative government of a newly industrializing country B. A left-leaning government of a less developed country C. An authoritarian government that wishes to emulate the development of the US D. A right-leaning government of an advanced democracy E. A government that wishes to strengthen its country through membership in a supranational organization - A left-leaning government of a less developed country According to modernization theory, less developed countries can improve their economies by: A. Experimenting with socialism IOT narrow the gap between the rich and poor B. Strengthening traditions, especially those that are family-based C. Forbidding more developed countries from exploiting their resources D. Nationalizing their major industries E. Following the paths taken by industrialized nations - Following the paths taken by industrialized nations Which of the following sectors of the economy grows the fastest as a country industrializes? A. Primary sector B. Secondary sector C. Quaternary sector D. Secondary sector E. Retail sector - Secondary sector The location decision of a bulk-reducing industry is most likely to be affected by the: A. Cost of labor B. Close proximity to raw materials C. Close proximity to customers D. Good access to railroad lines E. Good access to warm water ports - Close proximity to raw materials A clustering of hotels and restaurants near airports is BEST explained by the benefits of: A. Agglomeration B. Deindustrialization C. Economic development D. Space-time compression E. Value added productivity - Agglomeration Which of the following strategies have the "Four Tigers" used most successfully in their economic development? A. Import-oriented industrialization B. Deglomeration C. The substitution principle D. Export-oriented industrialization E. Sustainable development - Export-oriented industrialization According to Rostow's modernization theory, one consequence of the drive to technological maturity is a(n): A. Re-emphasis of traditional values B. Unwillingness to experiment with producing good for profit C. Shift in emphasis to primary sector activities D. Narrowing the gap between the rich and the poor E. Slowing in the rate of population growth - Slowing in the rate of population growth In contrast to less developed countries, more developed countries have: A. A larger proportion of workers employed in the primary sector B. Higher worker productivity C. Less access to raw materials D. Less access to nonessential goods E. Less reliance on industrial agriculture - Higher worker productivity Dependance theory puts primary responsibility for global poverty on: A. Political leadership in less developed countries B. Lack of productivity of workers C. Rich nations D. Powerless international organizations E. Weak modernization models for less developed countries - Rich nations One impact of the Industrial Revolution on Britain during the 19th century was to: A. Stimulate the growth of seaports in the north B. Promote a general migration of people from the cities to the suburbs C. Stimulate the growth of cities at railroad hubs D. Shift economic power from cities in the north to cities in the south E. Push farmers out of business by the end of the century - Stimulate the growth of seaports in the north In contrast to primary industry, secondary industry is less dependent on: A. Labor supplies B. Friction of distance C. Reliability of transportation D. Agglomeration E. Location of natural resources - Location of natural resources Both Weber's least cost theory and von Thünen's agriculture model are examples of: A. Variable revenue analysis B. The substitution principle C. Modernization theory D. Location theory E. Dependance theory - Location theory All of the following are examples of infrastructure that support economic activity EXCEPT: A. Water transportation B. Inventory of goods C. Telephone systems D. Electricity E. Surface transportation - Inventory of goods